diff --git a/dependencies.lock b/dependencies.lock
index 7888ec4a..d643d3c2 100644
--- a/dependencies.lock
+++ b/dependencies.lock
@@ -1,9 +1,10 @@
 dependencies:
   idf:
-    component_hash: null
     source:
       type: idf
     version: 5.3.0
-manifest_hash: ef2ae3a0fda058a8cda5b69636300c99782b077919557a63f8f572a6a9e0707b
+direct_dependencies:
+- idf
+manifest_hash: f96c4d651f7a571aeacdcf4b0ef3b7ff4f0b908a088d5f92d18e6f6d0eabf435
 target: esp32
-version: 1.0.0
+version: 2.0.0
diff --git a/tools/cmake/common.cmake b/tools/cmake/common.cmake
index 796d4cf7..6be74934 100644
--- a/tools/cmake/common.cmake
+++ b/tools/cmake/common.cmake
@@ -5,7 +5,7 @@
 # For more information about build system see
 # https://docs.espressif.com/projects/esp-idf/en/latest/api-guides/build-system.html
 
-set(PROJECT_VER "0.12.0")
+set(PROJECT_VER "0.12.1")
 
 # esp-idf sets the C++ standard weird. Set cmake vars to match.
 set(CMAKE_CXX_STANDARD 23)